Every buck count, especially for business owners taking a new venture off the ground. At such times, entrepreneurs turn into a one-man army, attempting to do […]
Subchapter S Corporations, also known as S Corps, are called ‘pass-through’ entities. All their profits and losses get passed to the members. Many small and medium […]
Small and medium businesses have limited resources. Often the owners have to do a million things at once. Besides running day-to-day business operations, they even have […]
Payables, receivables, depreciations, ledgers, and remittances… have you ever googled fancy terms you find on a balance sheet? Not every business owner has a background in […]
Not many businesses can claim that their payroll is free from errors or discrepancies. In reality, the payroll problem is a common issue many employers face. […]
Among the three most pivotal financial statements, an income statement or the profit & loss (P&L) statement entails all essential details about your revenues and profits […]
Record keeping is a must-do for every small business. Keeping & maintaining records help you stay on top of your finances and make timely and informed […]
NOTE: This post originally appeared on forbes.com. On a breezy evening in spring, John and Kevin, two handsome young men, graduated from the same medical college. […]